Ciena
CIEN
300 hedge funds and large institutions have $3.47B invested in Ciena in 2016 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 105 increasing their positions, 93 reducing their positions, and 39 closing their positions.
89% more call options, than puts
Call options by funds: $115M | Put options by funds: $60.9M
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more capital invested
Capital invested by funds: $2.97B → $3.47B (+$495M)
13% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 93
6% more funds holding
Funds holding: 283 → 300 (+17)
3.29% more ownership
Funds ownership: 97.92% → 101.21% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.6M |
| 2 |
Renaissance Technologies
New York
|
+$47.4M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$25.2M |
| 4 |
Millennium Management
New York
|
+$24M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$28.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$22.2M |
| 3 |
TA
Teachers Advisors
New York
|
-$20M |
| 4 |
Bank of New York Mellon
New York
|
-$14.2M |
| 5 |
Blackstone Inc
New York
|
-$12.8M |
CIEN Hedge Fund Activity: Q4 2016 in Review
300 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q4 2016, worth a combined $3.47B — up 17% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CIEN positions and 39 closed out — a net gain of 21 holders — while 105 added to existing stakes and 93 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $49.6M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $28.9M sold.
- 300 institutional investors held Ciena (CIEN) as of Q4 2016, up from 283 in Q3 2016.
- Funds reported $3.47B of Ciena stock for Q4 2016, up 17% quarter-over-quarter.
- 60 funds opened new Ciena positions in Q4 2016 and 39 closed out, a net change of +21 holders.
- The largest Ciena buyer in Q4 2016 was Wellington Management Group, an estimated $49.6M added.
- The largest Ciena seller in Q4 2016 was Hennessy Advisors Inc, an estimated $28.9M sold.
Based on aggregated 13F filings for Q4 2016.